Tag: Sichuan Hope Bank

CHINA AGRIBUSINESS MAGNATE EYES MOBILE INTERNET FINANCE VENTURE

Liu Yonghao, a co-founder of Minsheng Bank and CEO of New Hope Group, is turning to mobile Internet finance, noting that “entrepreneurs cannot count on the traditional banking industry”. Sichuan Hope Bank has received approval…


Xiaomi entering into banking industry

Xiaomi, the Chinese smartphone maker, is now entering into the banking industry through establishing its first private bank in Sichuan province with co-partners. A wholly-owned subsidiary of the tech company will own a 29.5% stake…